EnergyCents- Ep 37: Demand drivers: The promise of hydrogen and the call on capital
S&P Global expects annual spending on low-carbon Hydrogen production could increase to $50 billion (with a “b”) by 2030, from around $50 million (with an “m”) in 2020. Risks to realizing such growth include uncertainties around business models, industrial-sector commitments, and policy support. S&P Global hydrogen experts Alex Klaessig and Julia Wainwright join EnergyCents this week to discuss their outlook for global hydrogen investment, as well as the strategic intent of countries and sectors that may drive advancements in the low-carbon fuel.
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